News & Bulletin Updates

8Project Name: Bengaluru District City Gas Distribution
8Project Cost: Rs 250 crore.
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8Project Name: Kakinada District City Gas Distribution
8Project Cost: Rs 250 crore.
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Indigenization efforts can be a good for the green hydrogen industry
 8But it can bite badly too.
 8Here is how it has backfired

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What does the fertilizer industry, the largest use case for green hydrogen and ammonia, had to say on going green
8Efforts by producers of green ammonia to contact fertilizer producers have yielded results

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India is in a position to achieve the lowest levelized cost of hydrogen and ammonia in the world
8What kind of prices are these going to be?
8And who is going to fund this massive investment?

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May 08, 2023: Briefs

8A new product, “Urea Blue” is doing the rounds. Click on Reports for more
8Nano fertilizers: Deeper studies highlight negative as well as positive effects. Click on Reports for more
8The global bio-control fertilizer size is big, and it is growing at a rapid pace. Also do you want to collaborate with global leaders in this filed? Click on Reports for more
8Will this state's organic framing fall into a Sri Lank type of trap? Click on Reports for more
8This company's in-field nitrogen sensors enable farmers to measure nitrogen levels in their crops in as little as three seconds. Click on Reports for more
8The Zuari group comes out with a share reduction plan. Click on Reports for more

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Our gas coverage has always been exclusive. And here are some briefs elaborated in the Details section
8LNG take or pay: A hazy picture emerges
8Vedanta: Finding it difficult to place gas?
8Gas auctions: Strange things are happening

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8RINL had its greatest April ever, generating 419,000 tonnes of hot metal from two blast furnaces
 8The best unit performance was a more than 100% increase in Structural Mill products and high-end value-added steel

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8On the strength of robust bookings from Europe, India's finished steel exports in April increased to their highest level in 13 months, yet imports also stayed at high levels

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8AMNS India plans to invest $7.4 billion in expanding its Gujrat plant's steel production capacity to 15 million tonnes by 2026
 8To finance the development, the parent company recently signed a $5 billion credit agreement with Japanese banks

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8The global electrical steel market will grow from 2023-2029, which is used to make electrical components like motors, generators, and transformers with unique magnetic properties, reducing core loss and improving magnetic flux density

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8Benchmark iron ore prices in Singapore fell below $100 a tonne, weighed down by rising supplies from Australia and Brazil, as well as slow demand in top steel producer China

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8Japanese rubber futures fell, reflecting weaker local markets, as concerns about a global economic downturn weighed on sentiment

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8Find out about Chemexcil's performance for the period of April 2022- March 2023 

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8States are competing to attract investments by revising their industrial policies
 8The new Industrial Policy of the State offers an alternative perspective and a realistic approach instead of blindly following others

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8QPS was granted an EPCM contract for a greenfield project by a renowned plasticisers and resin producer, and the Rs. 1,000+ crore chemical plant with a production capacity of 100,000 TPA was successfully commissioned

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8DuPont, a US materials company, has agreed to buy a speciality plastics manufacturer focused on the burgeoning biopharmaceutical business, the deal is expected to conclude by the end of the third quarter of 2023

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8JWA Co. Ltd, a chemical corporation, will spend US$102 million to establish its first chemical recycling factory in the United States to service lithium-ion battery manufacturers and the electric vehicle (EV) supply chain

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8Christine Camsuzou, currently serving as temporary CPO, has been named vice president, procurement, and CPO in PPG

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8To increase surface solutions and attract more industrial clients, Continental purchases Trelleborg's printing technology division

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8The worldwide farm tyres market is expected to be worth $8.2 billion in 2023 and $14 billion by 2033 From 2023 to 2033, global agricultural tyre sales are expected to grow at a 5.5% CAGR

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8Due to popular demand, one of the Rubber Division's most well-liked courses is back, and this time a networking picnic lunch and visit to the ACE labs site will be offered

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8Safex Chemicals, an agrochemicals company has set a lofty sales target for FY23-24, it attained annualised sales with 59% contribution from India and 41% contribution from the rest of the globe, with Germany providing 24%, the UK 10%, Switzerland, Australia, and others

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8Gujarat Fluorochemicals Ltd reported higher earnings and total income for the fiscal year ending March 2023 as compared to the preceding year

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8Jindal speciality chemicals is engaged in the textile, packaging, speciality chemicals, and EV segment and has a rich legacy of three decades, and has invested Rs. 100 Cr+ for setting up an acetonitrile facility in Gujarat

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